Revised Code of Washington
Chapter 82.14 - Local Retail Sales and Use Taxes.
82.14.505 - Local revitalization financing—Demonstration projects.

RCW 82.14.505
Local revitalization financing—Demonstration projects.

(1) Demonstration projects are designated to determine the feasibility of local revitalization financing. For the purpose of this section, "annual state contribution limit" means four million two hundred thousand dollars statewide per fiscal year.
(a) Notwithstanding RCW 39.104.100, the department must approve each demonstration project for 2009 as follows:
(i) The Whitman county Pullman/Moscow corridor improvement project award may not exceed two hundred thousand dollars;
(ii) The University Place improvement project award may not exceed five hundred thousand dollars;
(iii) The Tacoma international financial services area/Tacoma dome project award may not exceed five hundred thousand dollars;
(iv) The Bremerton downtown improvement project award may not exceed three hundred thirty thousand dollars;
(v) The Auburn downtown redevelopment project award may not exceed two hundred fifty thousand dollars;
(vi) The Vancouver Columbia waterfront/downtown project award may not exceed two hundred twenty thousand dollars; and
(vii) The Spokane University District project award may not exceed two hundred fifty thousand dollars.
(b) Notwithstanding RCW 39.104.100, the department must approve each demonstration project for 2010 meeting the requirements in subsection (2)(c) of this section as follows:
(i) The Richland revitalization area for industry, science and education project award may not exceed three hundred thirty thousand dollars;
(ii) The Lacey gateway town center project award may not exceed five hundred thousand dollars;
(iii) The Mill Creek east gateway planned urban village revitalization area project award may not exceed three hundred thirty thousand dollars;
(iv) The Puyallup river road revitalization area project award may not exceed two hundred fifty thousand dollars;
(v) The Renton south Lake Washington project award may not exceed five hundred thousand dollars; and
(vi) The New Castle downtown project award may not exceed forty thousand dollars.
(2)(a) Local government sponsors of demonstration projects under subsection (1)(a) of this section must submit to the department no later than September 1, 2009, documentation that substantiates that the project has met the conditions, limitations, and requirements provided in chapter 270, Laws of 2009.
(b) Sponsoring local government of demonstration projects under subsection (1)(b) of this section must update and resubmit to the department no later than September 1, 2010, the application already on file with the department to substantiate that the project has met the conditions, limitations, and requirements provided in chapter 270, Laws of 2009 and chapter 164, Laws of 2010 and the project is substantially the same as the project in the original application submitted to the department in 2009.
(c) The department must not approve any resubmitted application unless an economic analysis by a qualified researcher at the department of economics at the University of Washington confirms that there is an eighty-five percent probability that the application's assumptions and estimates of jobs created and increased tax receipts will be achieved by the project and determines that net state tax revenue will increase as a result of the project by an amount that equals or exceeds the award authorized in subsection (1)(b) of this section.
(3) Within ninety days of such submittal, the economic analysis in subsection (2)(c) of this section must be completed and the department must either approve demonstration projects that have met these conditions, limitations, and requirements or deny resubmitted applications that have not met these conditions, limitations, and requirements.
(4) Local government sponsors of demonstration projects may elect to decline the project awards as designated in this section, and may elect instead to submit applications according to the process described in RCW 39.104.100.
(5) If a demonstration project listed in subsection (1)(b) of this section does not update and resubmit its application to the department by the deadline specified in subsection (2)(b) of this section or if the demonstration project withdraws its application, the associated dollar amounts may not be approved for another project and may not be considered part of the annual state contribution limit under RCW 39.104.020(1).

[ 2014 c 112 § 120; 2010 c 164 § 8; 2009 c 270 § 402.]

Structure Revised Code of Washington

Revised Code of Washington

Title 82 - Excise Taxes

Chapter 82.14 - Local Retail Sales and Use Taxes.

82.14.010 - Legislative finding—Purpose.

82.14.020 - Definitions.

82.14.030 - Sales and use taxes authorized—Additional taxes authorized—Maximum rates.

82.14.032 - Alteration of tax rate pursuant to government service agreement.

82.14.034 - Alteration of county's share of city's tax receipts pursuant to government service agreement.

82.14.036 - Imposition or alteration of additional taxes—Referendum petition to repeal—Procedure—Exclusive method.

82.14.040 - County ordinance to contain credit provision.

82.14.045 - Sales and use taxes for public transportation systems.

82.14.0455 - Sales and use tax for transportation benefit districts.

82.14.048 - Sales and use taxes for public facilities districts—Definitions.

82.14.0485 - Sales and use tax for baseball stadium—Counties with population of one million or more—Deduction from tax otherwise required—"Baseball stadium" defined.

82.14.0486 - State contribution for baseball stadium limited.

82.14.049 - Sales and use tax for public sports facilities—Tax upon retail rental car rentals.

82.14.0494 - Sales and use tax for stadium and exhibition center—Deduction from tax otherwise required—Transfer and deposit of revenues.

82.14.050 - Administration and collection—Local sales and use tax account.

82.14.055 - Tax changes.

82.14.060 - Distributions to counties, cities, transportation authorities, public facilities districts, and transportation benefit districts—Imposition at excess rates, effect.

82.14.070 - Uniformity—Rule making—Model ordinance.

82.14.080 - Deposit of tax prior to due date—Credit against future tax or assessment—When fund designation permitted—Use of tax revenues received in connection with large construction projects.

82.14.090 - Payment of tax prior to taxable event—When permitted—Deposit with treasurer—Credit against future tax—When fund designation permitted.

82.14.212 - Transfer of funds pursuant to government service agreement.

82.14.215 - Apportionment and distribution—Withholding revenue for noncompliance.

82.14.230 - Natural or manufactured gas—Cities may impose use tax.

82.14.300 - Local government criminal justice assistance—Finding.

82.14.310 - County criminal justice assistance account—Transfers from general fund—Distributions based on crime rate and population—Limitations.

82.14.320 - Municipal criminal justice assistance account—Transfers from general fund—Distributions criteria and formula—Limitations.

82.14.330 - Municipal criminal justice assistance account—Transfers from general fund—Distributions based on crime rate, population, and innovation—Limitations.

82.14.340 - Additional sales and use tax for criminal justice purposes—Referendum—Expenditures.

82.14.350 - Sales and use tax for juvenile detention facilities and jails—Colocation.

82.14.360 - Special stadium sales and use taxes.

82.14.370 - Sales and use tax for public facilities in rural counties.

82.14.390 - Sales and use tax for regional centers.

82.14.400 - Sales and use tax for zoo, aquarium, and wildlife facilities—Authorizing proposition—Distributions.

82.14.410 - Sales of lodging tax rate changes.

82.14.415 - Sales and use tax for cities to offset municipal service costs to newly annexed areas.

82.14.420 - Sales and use tax for emergency communication systems and facilities.

82.14.430 - Sales and use tax for regional transportation investment district.

82.14.440 - Sales and use tax for passenger-only ferry service.

82.14.445 - Sales and use tax for passenger-only ferry service districts.

82.14.450 - Sales and use tax for counties and cities.

82.14.455 - Exemptions—Machinery and equipment used in generating electricity.

82.14.457 - Sales and use tax for digital goods—Apportionment.

82.14.460 - Sales and use tax for chemical dependency or mental health treatment services or therapeutic courts.

82.14.465 - Hospital benefit zones—Sales and use tax—Definitions.

82.14.470 - Hospital benefit zones—Local public sources dedicated to finance public improvements—Reporting requirements.

82.14.475 - Sales and use tax for the local infrastructure financing tool program.

82.14.480 - Sales and use tax for health sciences and services authorities.

82.14.485 - Sales and use taxes for regional centers.

82.14.490 - Sourcing—Sales and use taxes.

82.14.505 - Local revitalization financing—Demonstration projects.

82.14.510 - Sales and use tax for local revitalization financing.

82.14.515 - Use of sales and use tax funds—Local revitalization financing.

82.14.525 - Sales and use tax.

82.14.530 - Sales and use tax for housing and related services.

82.14.532 - Sales and use tax remittance—Qualifying projects—Requirements—Department to determine eligibility.

82.14.540 - Affordable and supportive housing—Sales and use tax.

82.14.545 - Mitigation payments.

82.14.550 - Manufacturing and warehousing job centers account.

82.14.820 - Warehouse and grain elevators and distribution centers—Exemption does not apply.